Insurance

Insurance companies are well placed to fill a $500bn annual gap between infrastructure investment needs and the lending available from traditional sources such as banks, according to research published by S&P RatingsDirect.

Senior industry figures are expecting more institutional investors to allocate to the ILS asset class following recent broker predictions that the catastrophe reinsurance capacity is expected to double and reach $100 billion in the next few years, the...

The insurance provider Apsley Speciality (Apsley) has joined forces with global reinsurer PartnerRe in order to launch a specialist underwriting service for the hedge fund sector dealing with AIFM requirements. The agreement between the two parties was...

Italy’s Unipol has received a number of offers for the assets it will be forced to sell in order to complete a three way merger with Fondiaria-SAI, expected to be completed by July 2013 and which will create Italy’s second insurer.

France's insurance group AXA is understood to be ready to bid for portfolio assets that Italian insurers Unipol and Fondiaria-SAI will be forced to sell, as part of a four-way merger under implementation between the companies.

Growth through mergers and acquisitions will be key in order to guarantee the competitiveness of Italy's insurance companies on the international stage, according to Carlo Cimbri, chief executive at Italian insurer Unipol.

Italy's Premafin Finanziaria has appointed Roberto Giay as chief executive of the holding.
Giay has been head of legal and compliance at Ugf since 2003 and he is also member of Unipol's compliance board.

Italian private equity funds Palladio Finanziaria and Sator Capital have confirmed an investment offer to the board of Fondiaria-Sai (FonSai) which will be implemented with a €800m capital increase in FonSai to support the capital shortfall at the insurance...